Updated almost 9 years ago on . Most recent reply

FHA loan and FHA 203K loan
Just curious. Is it possible to have both a FHA loan and a FHA 203k loan at the same time?Here is my scenario: I currently own a home which is financed through FHA first time buyer program. I recently found a property that needs repair which I plan to make my primary residence. Is it possible to finance the new property with FHA 203K while still keeping the first home?